The storm that’s slowly rolling toward Indianapolis quietly gained strength this week with the filing of several devastating documents in a federal court in California. If it stays on course, it’s going to hit with biblical force, reducing the National Collegiate Athletic Association to a heap of rubble.
Mitt Romney passed the likeability test at the first presidential debate on both an absolute and a relative basis. It wasn’t even a contest between the Republican nominee and the Barack Obama impersonator who showed up to play the president in Denver on Oct. 3.
In the spring before he and Friedrich Engels left for England, Karl Marx began sketching out ideas for a book they would write together that would get them past the “theoretical twaddle” and illustrate that to have meaning, ideas -- be they religious, political or economic -- must be rooted in the real world.
In the midst of great macroeconomic uncertainty, the Nobel Prize in Economics has been awarded to Thomas Sargent, of New York University, and Christopher Sims, of Princeton University, for work on “empirical macroeconomics.” Sargent and Sims are both superb scholars whose work has molded macroeconomics. They helped destroy the false certainty of an older Keynesian orthodoxy, and did their best to build more robust tools that shed light on public policy over the business cycle.
Today is International Wait in Line for Your New iPad Day, an annual rite of spring for thousands of urban American hipsters and an official holiday in many regions of the Internet. It will not, however, be celebrated in China.